Riverbed, Emulex revenues dip

Citing a tough economy, these two storage companies say their revenues slipped from the previous quarter; Western Digital to ship 10,000-rpm, 300 GB SATA disk drive.

This Content Component encountered an error
Weekly compilation of storage news:

Riverbed, Emulex revenues dip Riverbed reported that its revenues for the first quarter of 2008 were $73 million, an increase of 71% from the first quarter of 2007, but a decline from $76 million in revenues for the previous quarter. Net income was also down to $638,000 from $4.8 million in the previous quarter. Riverbed CEO Jerry Kennelly said that the results "were impacted by a lengthening sales cycle at some accounts due to macro-economic...

trends."

Emulex said revenues were down 2% from the previous quarter to $127.8 million and revised its guidance down for the June quarter to $118-$123 million. Emulex CEO Jim McCluney said most of the decline was due to weakening demand for Emulex's host server products, such as mezzanine cards for blade server chassis.

FalconStor revenues also dipped a bit sequentially to $21.8 million from $24.8 million while increasing 33 percent from last year. FalconStor reported net income of $1.3 million, down from $5.7 million in the previous quarter but up from a loss of $600,000 last year.

This week's news
Cisco WAAS customer uncovers AutoCAD file save issue

Blue Coat swoops in to acquire Packeteer for $268M

EMC's Tucci: Thin provisioning mandatory but won't affect storage spending

Storage partnerships aim to streamline e-discovery process
Copan adds consulting service
Copan Systems' Professional Services Division has launched a Persistent Data Assessment Service, which will determine where users' persistent or infrequently accessed data resides so it can be moved to Copan's secondary MAID storage. The engagement typically takes under a week.

Vendors roll out new disk drives
Stec will begin shipping the MACH4 1-inch solid-state drive at the end of this month. The drive has four independent flash channels for sustained sequential 90 MBps reads and 55 MBps writes, and AES encryption built in to the hardware.

Western Digital said it will soon begin shipping a new product dubbed, VelociRaptor, a 10,000 rpm 300 GB SATA internal hard disk drive. The drive's new form factor includes a 2.5-inch hard drive assembly, but ships mounted inside an enclosure called the WD IcePack, built to fit inside traditional 3.5-inch frames. WD VelociRaptor drives will be shipping exclusively through Alienware this month and will be available through the company's online store and distributors by mid-May. MSRP is $299.

Also, Buffalo Technology unveiled the DriveStation Combo 4, which comes equipped with four interfaces: eSATA, FireWire 400, FireWire 800 and USB 2.0. The product is immediately available at estimated street prices of $149 for the 320 GB (HD-HS320Q) and $189 for the 500 GB (HD-HS500Q). A 1 TB DriveStation Combo 4 (HD-HS1.0TQ) will be available later this month at an estimated street price of $349.

HDS to resell Asempra
Asempra revealed a technology and reseller partnership with Hitachi Data Systems, under which HDS will resell Asempra's Business Continuity Server (BCS) alongside its midrange Adaptable Modular Storage and Simple Modular Storage disk arrays.

Alacritech licenses TOE to Chelsio
Alacritech has licensed patents to Chelsio Communications. This will allow Chelsio to use Alacritech's TOE to free up server cycles with its 10-Gigabit Ethernet adapters.

Yosemite, Enhance bundle primary storage and backup
Yosemite Technologies and Enhance Technology formed a partnership in which Yosemite's data protection software will be offered with Enhance's storage systems and appliances.

BakBone backs up SharePoint
BakBone rolled out a NetVault Backup Application Plug-in Module for SharePoint Server 2007. BakBone's new software module will allow the restore of an entire SharePoint farm, individual Web applications or individual content databases. In a separate release, BakBone said its software is also now compatible with Data Domain's data deduplication hardware.

Dig deeper on Storage vendors

Pro+

Features

Enjoy the benefits of Pro+ membership, learn more and join.

0 comments

Oldest 

Forgot Password?

No problem! Submit your e-mail address below. We'll send you an email containing your password.

Your password has been sent to:

-ADS BY GOOGLE

SearchSolidStateStorage

SearchVirtualStorage

SearchCloudStorage

SearchDisasterRecovery

SearchDataBackup

Close